FC Community
Discussion Boards => Off-Topic => Topic started by: loulizlee on February 14, 2012, 03:42:26 pm
-
I have noticed the price of gasoline steadily rising again in the past few weeks. The news tonight is full of the predictions of rising gas prices - mainly because of the Middle East situation (including the atrocities in Syria) and the usual rise in prices as the summer vacation season nears. One newscaster I heard stated the President is almost always blamed - whatever President happens to be in office at the time. That has been true since the Sixties. What are your views of the issue of pain at the pump - both then and now?
-
It is an unfortunate situation.
I feel we are led to believe we have a dependency on foreign oil. I don't necessarily think it is true.
It's all about the money. I believe it got worse when Bush was in office as his family has obvious
ties to the oil business. But, yes the President does seem to always get the blame. Of course, this is
true no matter what the issue may be.
As a country, we need to stop being lazy and develop other sources of fuel.
It may not be economical now, but it will save the country in the long run.
-
I was just thinking today that one of the things I really like about the daily Fusion is that I keep and eye on the gas prices regularly. I noticed today that gas had jumped down to $3.24 a gallon for regular Sunday night. However today it is back up to $3.37. That's quite a jump in two days. I'm hoping to see it level out again and this time I will be sure to get myself to the gas station quickly for a fill-up!
-
Its not going to level out. the oil companies enjoy making larger profits .. years ago when they kept increasing the price, they would send out reports as to why they increased. now they dont even bother doing that. but the best part is when you get to hear about the BILLIONS in profits that they are still making..
-
It's all greed driven. It was initially raised with Katrina because they were worried something might happen to the refineries. It didn't. gas prices stayed up because consumers paid the price. and we continue to. Last year they blamed our heavy winter for the rise in prices. This year they said it was because winter has been so mild. Always a cop out. Ours is up to $3.77 a gallon on average in this area.
-
greed , and no need for oil companies to compete for your business, we are a captive customer base
-
Yes it is all about greed and the billions the oil companys make. They know that the population will pay it, But the government needs to take a hand in this. We have plenty of fuel right here in the U.S. But they are letting the wrong people tell us we can't drill some little sand lizard or owl will be put out of a hme. That is bull. Its not like thepipelines would take up all of the land. On the other hand look at what has happened with us building right into the animals habitat. All i can say is the govt. is crooked, greedy and don't want too lose their kickbacks
-
Judging by the posts on this thread, nobody knows why oil prices remain high and why they aren't coming down anytime soon. Do your own research on the following subjects:
1. Oil Traders on Wall Street
2. Enviornmentalist law suits
3. Keystone Pipeline
4. OPEC
5. Taxation
6. No new US oil refineries
7. CAFE standards
8. EPA regulations
-
I have noticed the increase too- what aPAIN!!! Hopefully it will go down soon.
-
the reason the fuel price is going up still.. sum it up in one word " GREED ".. or two words "MORE MONEY". (kick backs,special intrests,campaign contributions) what it comes down to is there is not direct regulation of the oil companies, so they charge whatever they want feed everyone some bullshit reason. and we just say okay and pay for it..
-
Yeah, not fun to have the price keep going up. One reason I think it is rising is the fact that car makers are building vehicles that no longer need as much gas to run. The people able to buy the newer cars like that don't need to buy as much so the people (like me) who don't have those cars, need to make up the difference in what big oil companies are losing. Just a thought. May not be true but like I said, just a thought.
-
Yes, Yes, they always blame the President, but it the oil companies and their greed. The Bushes are to blame, they started it and still are. it always goes up when summer is around the corner. Our gas prices here are $3.47 a gallon.
-
the reason the fuel price is going up still.. sum it up in one word " GREED ".. or two words "MORE MONEY". (kick backs,special intrests,campaign contributions) what it comes down to is there is not direct regulation of the oil companies, so they charge whatever they want feed everyone some bullshit reason. and we just say okay and pay for it..
"Let's do the math. The U.S. consumes we'll say an average of 9.2 million barrels of gasoline per day. That's about 386.5 million gallons of gasoline- everyday. Using numbers from the American Petroleum Institute, who tracks the average taxes paid per gallon, we know the average total combined tax per gallon in the U.S. is 48.8 cents per gallon, of which 18.4 cents goes to the Feds.
Now, doing the math, various branches of government collect 48.8c/gal times 386.5 million gallons per day. That's $188.6 million dollars per day. If we multiply by 365 days, we find that the government collects $68.84 billion dollars per year, just in gasoline tax. That comes down to $17.2 billion per quarter, which was nearly seven billion dollars more than Exxon earned. The government has little work to do but levy and collect the tax. They don't refine the oil, process it, or ship it. They merely tax it. Of course, we have roads to pay for, yes, but the simple fact of the matter is that the U.S. government profits more from gasoline than the largest oil company in the world.
Put things in perspective?"
-
I paid $3.39.9 at the truck stop I usually go to a couple of days ago. That's about 3 cents a gallon more than Costco but I'm about 10 miles from them so that wouldn't pay to fill there. :wave: :wave:
-
I paid 3.29 a gal on Monday,today(wednesday) it is 3.37 at the same station. That's 8 cent increase in less than 48 hours. Wish I could get a return like that on my money. oh well, as long as people keep using gasoline the price will continue to go up.
-
The gas goes up almost everyday. I know that when I drove by the gas station it is one price in the morning and later that day it is going up. I know that also it is not just gas that is going up, when this goes up the price for the heating oil also goes up. I think it is unreal that it continues to go up. I know that it is not going to help the way people spend the extra money. Some people can not even find them money to pay for the basics thing they need now, but they have to buy gas to get to and from work.
-
I think the media has a lot to do with increasing gas prices. Every time the news media says they "heard" or "speculate" an increase in fuel prices, there goes our pocket money.
(http://www.fusioncash.net/sig.php/a292d3b415b3x2.png) (http://www.fusioncash.net/?ref=rrflem4)
-
Gas prices go up and down all the time. It's suppose to go up to $5 a gallon by summer time.
-
I agree with the poster who said it is nice to be able to check out the current local gas prices on FC. I always click on the 15 cents paid to click offer and look at the gas prices. (My other three favorites are Entertainment, Jobs, and News.)
-
I don't really understand all how that works I just know it hurts the pocket books. Why do we need others oil we have plenty here why dont we just use it instead of selling it and buying it other places?
-
It seems to be more of a game at the pump. Daily going up and down.
I suppose a lot of people do blame the Presidents in office for this but I'm sure the companies have a lot to do with it too.
-
I like that phrase - "game at the pump." ;)
-
This pain is killing me. I drive 120 miles a day to and from work and when gas prices go up it really puts a strain on my budget. Hopefully, they come down again soon.
-
I certainly hope so. It affects everyone in one way or another.
-
Dont look for gas prices to come down. I have watched gas prices at the station next to my home jump up overnight by as much as 4 cent. (in one night) I always find that amusing since the station gets its fuel delivery twice a week, yet the fuel prices go up daily.. there was also an article in the tampa bay times that addressed fuel prices , was talking about in 2008 when fuel prices peaked at 3.60 - 3.80 per gallon . Everyone was very vocal about the anger over prices.. But this time, not the outspoken cry. the paper contributed the lower response due to people are not driving as much this time around, and at the time in 2008 walstreet had just failed ,as well as in 2008 large companies were filing bankruptcy.. I dont buy that load of BS the reason that the outcry over gas prices is not being herd , is that the people that should be listening are to busy watching thier wallets get fatter.. sure middle east problems effect gas prices.. but the DAILY change in price that we see at the pump is only fueled by greed..
-
I like that phrase - "game at the pump." ;)
Ha Ha Sure seems like one to me. I go past a station when I leave home and the price looks on the lower end of high. When I return home the price is generally a little higher but not always lol So
-
UGH I just went to gas station today in CT and prices are almost at the $4 mark...might have to cancel one summer vacation if they really do go up to $5.50. The average person can never get a break!!!
-
Oil companies and politicians on the (big oil payroll) are just wanting to lube up everyone before the real F-cking begins..